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Transition Impacts, Risks and Opportunities

Guide to identify and report workforce impacts, risks, and opportunities in transition plans, focusing on emissions reduction, restructuring, and training.

Support @Greenly avatar
Written by Support @Greenly
Updated over 2 months ago

Form Overview:

Purpose: The form examines impacts, risks, and opportunities related to transition plans aimed at reducing environmental impacts and fostering greener operations. It aids in understanding workforce-related effects, guiding organizations to plan transitions that minimize negative impacts while highlighting potential gains such as job creation and skill development.

Structure: The form is divided into three sections addressing different aspects of transition impacts: emissions reduction, restructuring, and workforce training. Each section requires specific information about workforce impacts, risks, and financial effects:

  • Impacts Due to Emissions Reduction: Focuses on workforce impacts from reducing carbon emissions.

  • Impacts Due to Restructuring: Addresses workforce impacts from company restructuring or employment loss.

  • Financial Effects Related to Workforce Training: Covers financial impacts from upskilling/reskilling workforce.

Completion Guidelines:

Instructions for Each Section: Provide detailed descriptions for each area:

  • Impacts Due to Emissions Reduction: Identify and describe workforce impacts aligned with international emission reduction goals.

  • Impacts Due to Restructuring: Note any workforce impacts due to organizational changes or job reductions.

  • Financial Effects Related to Workforce Training: Describe financial implications related to changes in workforce skill requirements, including costs and potential savings.

Common Pitfalls: Avoid vague descriptions, ensure inclusivity of all potentially impacted workforce sectors, and accurately align impacts with business operations.

Data Collection and Input:

Data Sources: Utilize HR records, financial reports, and environmental strategy documents. Ensure data are verified for completeness and accuracy through internal audits or cross-departmental reviews.

Formatting and Submission: Complete sections clearly with supporting documentation. Follow specific guidelines on data entry in tables and maintain consistency in terminology.

External Resources:

Further Reading: Refer to industry standards on workforce transition impacts, environmental guidelines, and financial management literature for comprehensive understanding.

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